If you serve with great commitment, the results will surprise you.
When the customer buys, he does you a favour.
But when you sell insurance, you are bestowing a greater favour.
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Generating business through educational workshops Suppose you are into selling of health insurance products. One sure way of converting prospects into customers is a well organized workshop. Organize a workshop on health insurance. Make it generic. You should not pitch your products. Invite prospects to the workshop. Make the prospect feel special. Inform the prospect that only a select group has been invited. In the workshop, all nuances of health insurance should be discussed: Why should everyone have a health policy? How is health insurance different from life insurance? You can quote statistics which prove how families have been impoverished owing to lack of health insurance? Talk about the benefits. Explain clearly exclusions, conditions, waiting periods, pre existing disease, specified diseases, and other policy clauses. Quality of training should be top notch. Prospects should leave with a feeling that the time spent was well worth it. Take feedback and don't forget to give ...
Imagine Suppose you have an appointment with a prospect. And this is your second meeting with him. Enact the objections and answers in your mind. Imagine yourself handling the objections effortlessly. Imagine yourself closing the sale. Imagine the premium amount. Imagine getting the cheque. And then just go and do it.
Best policy or best proposal form? Everyone wants to know which is the best life or health insurance policy? Most policies are quite similar. Some may have additional features. But then you might have to pay additional premium. Actually, it is not about the policy. It really is about the disclosures you make in the proposal form. Now the proposal form is the basis of the insurance contract. You should never be in a hurry when filling up the proposal form. Never allow the agent to fill up the proposal form. Take time to answer every question truthfully. Ask the agent/ insurance executive if you have any query. Do not miss out anything. Maybe the insurer will apply loading. And you may have to pay a higher premium. But you will be the winner when a claim occurs. There will be no ground on which the claim can be denied. It is all about filling the best proposal form, not having the best policy.
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